That's always been the issue. Technically many computers can do this, from AppleTVs, to custom Linux Myth boxes, to PS3s. Where Boxee shines is connecting to web-based media through an easy-to-navigate interface. Have fun trying to get Hulu videos to play fullscreen when your interface is only a remote.

Boxee has done a terrific job making internet media accessible. All they're doing now is giving you a pre-configured box so you don't have to do any major hacking/configuration yourself.

I hope they do well. I think that disconnecting streaming media from the browser will help move the industry along as a whole.

I have PS3 too, it can do almost anything like boxee here. However, I have old xbox (first one) with xbmc installed on it - now, that can do everything! (except HD on xbox last time I checked).

http://xbmc.org/

For obvious reasons the PS3 can't directly play pirated mkv files, which is the target use (albeit tacitly) for many of these streaming boxes.